Found 19260 news
Practic Bucuresti (stock symbol: PRBU), one of the largest owners of retail space in Bucharest, ended 2024 with net profit of RON35.7 million, up 32.9% versus 2023, and a turnover of RON46.4 million, up 9.6% on the year.
State-run Hidroelectrica (stock symbol: H2O.RO), the largest electricity generation company in Romania, has called shareholders for a meeting on April 29, 2025 to vote on approving the distribution of dividends in the amount of RON4 billion from its 2024 profit.
Smart ID Technology, with the support of private equity fund SARMIS Capital, announces the signing of an agreement to acquire a majority stake in AB Systems SRL, a leader in the production of durable barcode labels and smart RFID label solutions for the automotive, logistics, and retail industries.
Romania’s national grid company Transelectrica (stock symbol: TEL) has called shareholders for a meeting on April 29, 2025 to vote on approving the distribution of dividends in the amount of RON155.4 million from the RON585.9 million accounting profit for 2024 left after deducting the profit tax.
Real estate developer Nusco Imobiliara, present on the Romanian market since 1997, has sealed a funding agreement with Banca Transilvania for the development of the second phase of Nusco City project of northern Bucharest.
Romania's Finance Ministry raised RON500 million from banks on Thursday (March 27), selling benchmark bonds, at an annual average yield of 7.48%.
XTB Group ended 2024 with total revenue of EUR435 million, up 21% year-over-year, and net profit of EUR199 million, up 14% from 2023.
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has informed the market in a report on March 27 about the opening of a KFC Drive Thru restaurant in the Romanian city of Galati.
Romania’s imports of recyclable raw materials from non-EU countries doubled over the past decade from 448,000 tons to over 910,000 tons, in line with official Eurostat data analyzed by Clean Recycle.
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, has entered a straight line with the completion of its new factory in Bolintin Vale (Giurgiu County), the largest concrete paving and slab production unit in the company’s network and in Southeast Europe.
Romania is starting to gain a position on the map of luxury retail, but the development of this segment is facing challenges because of the shortage of adequate commercial spaces.
Millenium Insurance Broker, among the 10 largest players on the local market, recently listed on the AeRO market of the Bucharest Stock Exchange, ended 2024 with net profit worth a little above RON2.48 million.
Transilvania Broker, the fourth largest insurance broker locally, ended 2024 with net profit of around RON8.7 million and plans to distribute RON3 million worth of dividends to shareholders, at a proposed share price of RON0.6.
Swiss Capital, TradeVille and BT Capital Partners were the most active brokers at the Bucharest Stock Exchange in February 2025, handing deals worth RON926 million, namely, 50.7% of the total, according to calculations by Ziarul Financiar (ZF) daily based on stock market data.
PepsiCo beverage factory in Dragomiresti-Deal (Ilfov County) produces 550 million liters of beverages in seven months, 15% to 20% of which are exported.
2B Intelligent Soft (stock symbol: BENTO), a Romanian entrepreneurial company that provides software development services and IT infrastructure and Cloud services, projects net profit of RON16.4 million in 2025, down 11% against 2024, and a turnover of RON73.2 million, up 13% year-over-year.
Chimcomplex, the largest entrepreneurial industrial company in Romania, whose controlling shareholder is Stefan Vuza, will build a polyepoxide plant in Onesti (Bacau County), a EUR100 million project that uses EUR46.6 million state aid from the Finance Ministry.
Oil Terminal (stock symbol: OIL), the operator of the oil terminal in Constanta harbor, has called shareholders for a meeting on April 28, 2025 to vote on the distribution of RON7.5 million worth of dividends to investors.
Construction company Tomoroga Construct ended 2024 with a turnover of RON33.2 million (nearly EUR6.7 million), down 8% from RON36.2 million (EUR7.3 million) turnover reported in 2023, as per data on the finance ministry data.
March 19, 2025, was the deadline for those interested to submit non-binding bids for the 87 Profi and Mega Image stores the Ahold-Delhaize Group put up for sale, market sources told ZF.19260 items